Disney hopes to recapture the imagination of "Mary Poppins" in a remake of the 1964 classic. The studio is developing a new live-action musical with director Rob Marshall, according to The Hollywood Reporter.

The "Mary Poppins" reboot will take place 20 years after the original film, which starred Julie Andrews and Dick Van Dyke, and adhere closer to the book series written by P.L. Travers.

Marshall will direct the film that will feature new original songs and a new score written by songwriting team Marc Shaiman and Scott Wittman. David Magee is set to write the screenplay.

The original "Mary Poppins" won five Oscars in 1965 including Best Actress for Andrews and Best Music - Original Song (Chim Chim Cher-ee) and Original Score - for the Richard M. and Robert B. Sherman.

The 2013 film "Saving Mr. Banks" chronicled the difficulty Walt Disney had getting the approval of Travers to adapt her book the first time. Disney is working closing with her estate for the new movie, according to The Hollywood Reporter.

"Mary Poppins" joins a number of Disney's hit films getting a remake. So far, the studio has focused on producing live-action reboots of its animated features including "Cinderella" and "The Jungle Book," which will premiere next April.